GM Market Enthusiasts,
In today’s update, we turn our attention to Bitcoin’s evolving trend. Since the end of February, BTC has been tracing a steady pattern of lower highs and lower lows. Currently, it remains below the 200-day simple moving average, consolidating around the 85K mark — a zone that has served as a resistance in recent days.
The big questions now are:
When will this downtrend lose its grip? At what point might Bitcoin reclaim ground above the 200DMA?
How long do you expect BTC to remain within this descending channel? And when the breakout comes — which direction will it take?
We’d love to hear your thoughts — where do you see Bitcoin heading next?
In today’s update, we turn our attention to Bitcoin’s evolving trend. Since the end of February, BTC has been tracing a steady pattern of lower highs and lower lows. Currently, it remains below the 200-day simple moving average, consolidating around the 85K mark — a zone that has served as a resistance in recent days.
The big questions now are:
When will this downtrend lose its grip? At what point might Bitcoin reclaim ground above the 200DMA?
How long do you expect BTC to remain within this descending channel? And when the breakout comes — which direction will it take?
We’d love to hear your thoughts — where do you see Bitcoin heading next?
tradingview.com/watchlists/74745881/
This post does not offer personal investment advice or recommendations. Bitstamp accepts no responsibility for any damage or loss from the utilization of the information presented here.
This post does not offer personal investment advice or recommendations. Bitstamp accepts no responsibility for any damage or loss from the utilization of the information presented here.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
tradingview.com/watchlists/74745881/
This post does not offer personal investment advice or recommendations. Bitstamp accepts no responsibility for any damage or loss from the utilization of the information presented here.
This post does not offer personal investment advice or recommendations. Bitstamp accepts no responsibility for any damage or loss from the utilization of the information presented here.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.